BULKS

Mount Gibson restarts Koolan sales

THE mine that is described as the highest grade direct shipping iron ore operation in Australia, Koolan Island, has recommenced sales on target, five years after a disastrous sea wall collapse for its operator, Mount Gibson Iron.

The MV S’Hail Al Mafyar being loaded at Koolan Island.

The MV S’Hail Al Mafyar being loaded at Koolan Island.

Carrying some 72,000 tonnes of hematite iron ore, averaging 65% iron, the bulk carrier MV S'Hail Al Mafyar is expected to set sale for China later today.   Sales from Koolan Is are made on free-on-board...

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